According to resources, the total export to Republic of Congo from India reached an estimated revenue of more than $110 Million by the year 2022.
Trade agreements have also been signed between both countries in order to support exports.
Value in $Million | 2020-2021 | 2021-2022(Apr-Dec) |
India Export to Republic of Congo | 109 | 112 |
India Import from Republic of Congo | 245 | 758 |
Total Trade | 354M | 870M |
Meat, Cereals and Vehicles are the major exported products from India to Republic of Congo at the present moment.
TheΒ E-commerce market in Republic of CongoΒ reached more than $58 Million by 2022 and expected to cross $80 Million by the year 2025 with 11% growth rate.
The main reason behind this development is the Internet penetration rate in Republic of Congo which has reached more than 25% by 2022.
So, itβs a good scope for Indian exporters and sellers to grab the Republic of Congo market whether through offline channels or online selling platforms & marketplaces in Republic of Congo.